Security

Continue session?We've noticed your session's been inactive for a while. For security, your session will time out in .
Continue your session
Session time outYour session's been inactive for a while, so we've logged you off from NetBank to keep your accounts and details safe.
Close

Commonwealth Bank introduces Mobile GPRS EFTPOS

25 August 2003

An Australian first, the MobileComm GPRS is the latest release in the Commonwealth Bank’s range of cutting edge EFTPOS products. The Commonwealth Bank’s MobileComm GPRS terminal is designed and manufactured by Keycorp.

"The GPRS data network provides merchants and consumers with a secure way of processing payments, wherever they are. The GPRS data network also offers a lower cost structure, with savings in communication costs, which the Bank will pass on to our merchants," says Peter Roeleven, the Commonwealth Bank’s General Manager, Merchant Acquiring, Working Capital Services.

"MobileComm GPRS allows mobile merchants the capability to process real-time card payments and reduce their cash handling risk, which is a major benefit to any mobile business," said Mr. Roeleven.

MobileComm GPRS is suitable for any business that operates in a wireless environment. Businesses likely to benefit include those in the automotive service industry, home service providers, field service providers the trades industries. The benefits include faster transactions, improved connectivity, increased cash flow, reduced bad debts, and the potential to grow sales.